H Equities Acquires 858 Fulton Street Multifamily In Brooklyn For $3.265M From Greene Development Group

The asset involved in this transaction is a multifamily property located at 858 Fulton Street in Brooklyn. The property encompasses a total of 4,700 square feet and consists of 5 residential units. It was acquired for a price of $3,265,000, resulting in a price per unit of $653,000 and a price per square foot of $694.

Summary of transation details:

• Property Type: Multifamily
• Transaction Amount: $3,265,000
• Units: 5
• Square Footage: 4,700
• Price Per Unit: $653,000
• Price Per Square Foot: $694
• Seller: Greene Development Group
• Equity: Elliot Horowitz
• Date of Sale: 4/30/2025
• Market: Brooklyn

Elliot Horowitz, the Chief Executive Officer of H Equities, provided 100% of the equity for the purchase of the mentioned multifamily property. H Equities has noted that the acquisition was completed in an all-cash transaction in under 45 days. This acquisition marks the fourth equity funding by H Equities within the last eight months in northern Brooklyn with the same operating partner.